Oriental Weavers Group referred to general prosecution
The group is charged with carrying out monopolistic practices and may pay…
Oriental Weavers, Arafa Holding reduce effect of EGP’s devaluation on pricing flexibility
The Egyptian currency’s devaluation is a step in the right direction, but…
Oriental Weavers expects EGP 5.8bn in 2014 sales, 2 new factories planned
By Mohamed Ayyad and Mohamed Mostafa Oriental Weavers sales are expected to…
Oriental Weavers raises dividend after 30% profit rise
Net profit rose to EGP 369.12m last year on sales up 13%…
EFG Hermes: Egypt’s economy will grow 3.5% in 2013
The acceptance of Egypt’s pending IMF loan will have a positive effect…
CI Capital raises Egypt’s Oriental Weavers
By Reuters CAIRO: Egypt's Oriental Weavers, the world's biggest machine-woven carpet maker,…